Evaluating Bitcoin Mining Fees as the Price Drops – Bitcoin Magazine

Bitcoin fee markets are showing little signs of life despite the fact that Bitcoin price is down roughly 70% from its latest all-time highs and hash price – a measure of the value of the hash rate – falling by roughly the same amount.

Fees and the long-term prospects of fee income for miners are a hotly debated topic, especially during market downtrends. Bear markets are the best time to discuss fees, not only because market participants are bored and anxious, but also because this source of revenue declines sharply during these periods.

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